Audio By Carbonatix
Education Minister Haruna Iddrisu has called for a portion of Ghana’s oil revenue to be dedicated to sustaining the No Fees Stress Policy, amid growing concerns over the programme’s financial future.
Speaking at a stakeholders’ engagement organised by the Students Loan Trust Fund on Friday, September 5, Mr. Iddrisu proposed that 2.5% of the country’s oil revenue be channelled into scholarships and bursaries to guarantee the policy’s sustainability.
He cautioned that relying solely on the GETFund would be inadequate.
The policy, designed to ease the financial burden of tertiary education, has come under scrutiny from analysts who describe it as politically appealing but fiscally fragile without a clear funding framework.
Meanwhile, CEO of the Students Loan Trust Fund, Dr. Saajida Shiraz has reassured students that reimbursements would begin in the coming months, a move she believes will help ease tensions and restore trust.
The future of the policy now depends on whether government can secure sustainable funding, as stakeholders call for urgent action and students await the promised reimbursements.
Latest Stories
-
Guirassy stars as Dortmund dispatch Atalanta
4 hours -
Arsenal make Saka best-paid player with new deal
4 hours -
Arteta ‘respectful’ of fans but has felt ‘exposed’
4 hours -
Vinicius’ brilliant winner beats Benfica in match halted for alleged racism
5 hours -
Alcaraz wins ‘difficult’ first match since Melbourne win
5 hours -
Galatasaray hit 5 past Juventus in frenetic first leg
5 hours -
Substitute Desire Doue inspires PSG comeback at Monaco
5 hours -
Mourinho’s ‘big mistake’ after ‘disgusting’ Vinicius incident
5 hours -
Russia denies link to ‘supposed Russian’ in Ghana viral sex scandal
6 hours -
Gov’t summons Russian Ambassador over viral nude leak scandal
6 hours -
Dual nationals face scramble for UK passports as new rules come into force
6 hours -
Police assessing Stansted Airport private flights over Epstein ties
7 hours -
Nine arrested in France over death of far-right student
7 hours -
EPA to probe seizure of over 200 suspected galamsey machines at Tema port
7 hours -
Ghana–Russia Center, Kuban Agrarian University seal deal to advance agricultural innovation
7 hours
